Perception or Reality?

Bet21.com – PERCEPTION versus REALITY

When a person does business with someone or some company the foundation for any and all transaction is simply this – trust.

Do I trust that what I am buying/purchasing/using, etc., is what this person/company claims it is or does.

TRUST – plain and simple.

If I don’t trust the company then very simply put why should I do business with them?

In America, most business that can’t be trusted very quickly go out of business. In fact there are some businesses that seem to know that so they purposely lie and scam people. There are certain “businesses” that sell products that are either stolen or of such poor quality as to be useless but since the company is liquidated and gone they don’t care.

Then there are other companies that are built on false advertising or crocked concepts – a great example of that is the Ponzi scheme started by Charles Ponzi in New York City in 1903. 20% on your money in only 30 days!

Some early investors with Ponzi got their 20% - others lost everything. Was Charles Ponzi a great businessman or a charlatan? I guess it depends upon whom you talk to:

PERCEPTION versus REALITY

What does this have to do with Bet21.com?

Maybe everything or then again maybe nothing.

Perception is Reality to many people. Look at Chicken Little. Chicken Little was CONVINCED that the sky was falling. The reality of the situation was that an acorn hit Chicken Little on the head but in Chicken Little’s mind the sky was literally falling.

REALITY versus PERCEPTION

So what is more important? How are we to discern between the two? Is there really any difference?

In the 1980’s the news media talked about a pending United States Recession for many many months. The economic indicators were not pointing toward a recession but the media continued with their mantra – finally the recession occurred.

Did the public’s perception of the pending recession cause the recession or was the reality that we were already headed for a recession and the news media was ahead of the curve?

REALITY versus PERCEPTION

When a company doesn’t pay their bills to their customers are they on the verge of going under? Are they having trouble meeting their financial obligations? If they can’t pay their bills what happens to any money that I have entrusted to them?

REALITY versus PERCEPTION